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A full GST exemption on life insurance premiums could mean more expensive premiums for policyholders. Here’s why?
According to Jalan, commissions paid to life insurance agents form a significant portion of expenses in the books of life insurers. This “Our GST data ... be able to claim full input tax credit ...
Tax Guru2d
GST Amnesty Scheme: Section 128A & Forms SPL-01 & SPL-02
Section 128A of the Central Goods and Services Tax (CGST) Act introduces an amnesty scheme aimed at resolving pending GST ...